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Your daily horoscope: March 12, 2026

  IF TODAY IS YOUR BIRTHDAY Don’t waste time trying to work out what you should be doing with your life, just jump in and let the flow of events carry you along. There is a reason for your existence and that reason will become clear over the next 12 months. ARIES (March 21 - April 20): You may be tempted to tell a friend or loved one what they want to hear today, just to keep them sweet, but is that such a good idea? If they find out later on that you were less than truthful with them it could damage your relationship. TAURUS (April 21 - May 21): If you allow yourself to get too excited today you could take a wrong turning and end up some place that you don’t much enjoy. By all means have fun but keep a watchful eye on the people around you, because not all of them wish you well. GEMINI (May 22 - June 21): If you push ahead with your plans in the face of serious opposition you will impress the people you work with to such an extent that they go out of their way to assist you. Every...
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Maximizing Your Tax Return: Uncover Hidden Deductions for 2024

 

Getting the most out of your tax return can feel like an early spring bonus. Whether you’re a seasoned taxpayer or a newcomer, there are lesser-known deductions that could significantly impact your bottom line. 

While the Canada Revenue Agency (CRA) has made filing expenses for people who work from home more complicated this year, there are still plenty of tax-deductible expenses that Canadians might be missing out on:

  • Children’s Summer Camps: Yes, you can claim credits for those enriching summer experiences.
  • Investment Expenses: If you have non-registered investment accounts, don’t overlook these costs.
  • Alimony Payments: If you’re making alimony payments, they may be deductible.
  • Moving Costs: Certain circumstances allow you to claim moving expenses.
  • Canadian employment amount: You can get credit for uniforms, work supplies, and more, up to $1,368 per year. Plus, if you subscribe to a Canadian news source, you can write off the cost of your subscription. 
  • Charitable donations: offer excellent tax benefits, especially for high-income earners. 
  • Contributing to your Registered Retirement Savings Plan (RRSP): is a powerful way to boost your refund and save for retirement. Here’s the magic number: aim for 18% of your income, up to the maximum of $30,780. Be strategic about how much you contribute to retirement savings accounts and charities—this could be the difference between owing the government money or getting a refund.

Remember, every dollar saved through deductions and credits adds up. So, dive into the lesser-known deductions, make smart RRSP contributions, and unlock hidden tax benefits. 

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